Rare investment opportunity in booming Foster Powell! This renovated duplex boasts new kitchens, roof, plumbing, HVAC, electric, finishes and much more. Each two bedroom, one bath unit has separate power, gas and furnaces. Walk to amazing local restaurants and food carts. Commercial zoning provides for a wide range of uses. Proforma Net Operating Income of $33,418 and a 6.07% Cap if units are rented at $1,700.00 each. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10071703]
Beautiful Bungalow in the heart of Foster/Powell. This light filled artist's home will inspire you. Traditional front porch, gorgeous firs floors, casement windows, french doors. Kitchen with tile floor & counter, bath has claw foot tub. Master bedroom on the main with window seat. 2 big bedrooms on the lower level with egress windows, lower bath has standard tub, laundry room. Oversized lot, detached garage, driveway & artist studio.
RMLS #17613970
Jul 9, 2017
Sold
$389,900
$230/sq ft
Jul 9, 2017
Sold
$389,900
$230/sq ft
May 16, 2017
Pending
—
May 11, 2017
Price Changed
$389,900
$230/sq ft
Mar 20, 2017
Price Changed
$395,000
$233/sq ft
Mar 15, 2017
Listed
$410,000
$242/sq ft
Mar 14, 2017
Relisted
—
+18
Investors, start your engines! Rare 75 x 100 lot zoned CG. Backs up to Foster. Currently has a single family home on it but could be so much more. Home showed by appt only. Do not disturb occupants. Seller to occupy through 6/20/2017. Buyer to conduct due diligence to confirm intended use is permitted.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
1
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
5,186 Sq. Ft.
Year renovated
1919
Sq. Ft.
1,693
Year built
1919
Style
Single Family Residential
County
Multnomah County
APN
R133304
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Feb 1, 2023.
CE
Commercial Employment Zone
The Commercial Employment CE zone is a medium-scale zone intended for sites along corridors with a Neighborhood Collector or higher traffic classification, especially along civic corridors that are also Major Truck Streets or Priority Truck Streets. This zone is generally not appropriate in designated centers, except on a site that is currently developed in an auto-oriented manner and where more urban development is not yet economically feasible. The zone allows a mix of commercial uses, including auto-accommodating development and drive-through facilities, as well as some light manufacturing and distribution uses that have few off-site impacts. The emphasis of this zone is on commercial and employment uses, but residential uses are also allowed.Buildings in this zone will generally be up to four stories tall. This zone is intended to allow for development with auto-accommodating configurations, while also including pedestrianoriented design features that support transit and pedestrian access.
Permitted uses
Include but are not limited to:
Religious facility
Automotive repair garage
Day care facility
General retail
Hospital / medical center
Housing
Housing-Group
Office
Educational/school
Park & open space
Nov 22, 2019 • Final
Residential bldg/trade
Remodel
Mar 19, 2019 • Final
Plumbing
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Features: Paved, RV Access/Parking
Parking Total: 4
Interior
Appliances
Hot Water Description: Tankless
Interior Features
Basement: Finished
Exterior
Exterior Features
Roof: Composition
Exterior Description: Wood Siding
Lot Information
Lot Size Range: 3,000 to 4,999 SqFt
Lot Size: 3,000 to 4,999 SqFt
Lot Features: Level
Parcel Number: R702040
Road Surface Type: Paved
Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Updated/Remodeled
View YN: No
Building Information
Year Built: 1919
Building Area Total: 1,693
Financial
Tax Information
Tax Year: 2021
Tax Legal Description: PARTITION PLAT 2019-49, LOT 1 TL 902